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SolGold (LON:SOLG) Stock Passes Above Fifty Day Moving Average - Should You Sell?

SolGold logo with Basic Materials background

SolGold Plc (LON:SOLG - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 7.23 ($0.09) and traded as high as GBX 7.24 ($0.09). SolGold shares last traded at GBX 7.24 ($0.09), with a volume of 8,699,614 shares changing hands.

SolGold Stock Performance

The company has a market capitalization of £255.03 million, a price-to-earnings ratio of -4.16 and a beta of 1.20. The company has a debt-to-equity ratio of 78.66, a quick ratio of 2.30 and a current ratio of 3.75. The firm has a 50-day simple moving average of GBX 7.17 and a two-hundred day simple moving average of GBX 8.52.

About SolGold

(Get Free Report)

SolGold is a leading exploration company focussed on the discovery, definition and development of world-class copper-gold deposits. SolGold has a first mover advantage in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt, home of multiple Tier 1 copper and gold projects and half of the world's copper resources.

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